Beyond MD
Simon S. Mass on “beyond MD” with Dr. Yatin Chadha; on the benefits of pre-construction to medical professionals and the state of the sector overall
Thrilled to host Simon S. Mass, CEO of The Condo Store Realty Inc., Brokerage on the latest episode of beyond MD.
Simon has immense experience in the pre-construction condo space and provides a great overview in this episode.
This one is by popular demand & timely given the current landscape of rising rates & borrowing costs.
Simon has more than 25 years of experience in real estate investing & is a true leader in the pre-construction space.
Discussion points:
– Simon’s experience & journey in real estate (6:12)
– The Condo Store’s business model (10:59)
– rising borrowing costs, interest rates (15:10)
– Pre-con basics, GTA corridors, masterplan communities (18:05)
– Selecting a builder, maintenance fees (22:55)
– Deposit structures (26:24)
– macro outlook, supply-demand, development challenges (31:36)
– condos vs single family homes (39:25)
– resale vs pre-con condos (42:54)
– condos are cash flow negative (47:30)
Thank you Richard Kuypers for facilitating.
EPISODE LINK: https://podcasts.apple.com/ca/podcast/pre-construction-condos-with-simon-mass/id1529613718?i=1000581132069
Thanks to all for their support – happy listening as we roll into the weekend 😉